BetMGM to sponsor world’s first $1 million poker tournament

BetMGM to sponsor world’s first $1 million poker tournament

Leading online gaming and sports betting provider BetMGM, located in New Jersey, has announced that the company will host the first-ever BetMGM Poker Championship at the ARIA Resort & Casino in Las Vegas on March 30 and 31. 

The No-Limit Hold’em event, which has a $3,500 buy-in and a guaranteed prize pool of $1 million, will begin on June 23 and end on June 26. 

The tournament will have a $1 million guaranteed prize pool. The event will be a part of the highly anticipated ARIA Poker Classic in 2022, which will take place in Las Vegas.

BetMGM Poker Tournament

Qualifiers on a daily basis and satellites on a weekly basis

In order to award prize packages, a minimum of 15 players from each of the 15 live poker markets presently available in the nation will be selected by BetMGM Poker. 

Each package will include a buy-in to the No-Limit Hold’em championship and will be delivered after the conclusion of the daily qualifiers as well as the weekly satellite tournaments. 

Winners will also get complimentary accommodations for five nights at the ARIA resort, as well as reimbursement for all of their travel expenditures as part of the same package.

On June 25, players will have the opportunity to purchase their way into the BetMGM Poker Mystery Bounty for a total of $600. This will be the first contemporary live poker knockout event to be staged at the ARIA Resort & Casino, and it will be the first of its kind in the world.

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The Inaugural BetMGM Poker Championship in Las Vegas 

As BetMGM’s director of poker Luke Staudenmaier explains it, the tournament will take place “at one of the most thrilling periods of the poker season.” Additionally, Staudenmaier referred to ARIA as a “famous poker brand” and voiced his company’s delight at the prospect of having their Championship included in the 2022 Poker Classic. 

As a result of BetMGM’s tight links with MGM Resorts’ cutting edge land and online gambling, as well as its extensive network of sports betting locations around the nation, the company anticipates more access to comparable events in the future. 

In addition, the firm intends to strengthen its engagement with its present online and offline poker players while expanding its reach into new regions.

BetMGM places a high priority on responsible gaming

The operator maintains a high level of commitment to responsible gambling via a variety of initiatives, such as the dedicated MGM Resorts and BetMGM campaign, which has received the endorsement of the National Council on Problem Gambling. 

The corporation provides a vital resource and effort for responsible gaming, which includes GameSense, a software developed and licensed by the British Columbia Lottery Corporation. 

The service, which is offered via MGM Resorts, delivers useful features through BetMGM’s desktop and mobile platforms, as well as through the company’s website.

During the month of March, BetMGM also participated in the Problem Gambling Awareness Month campaign. After then, the corporation intends to keep its investments running until 2022, finally attaining and exceeding a planned 53 percent increase in net sales. 

BetMGM is a 50/50 joint venture between MGM Resorts International and a variety of online gambling and sports betting businesses, including BetMGM, Party Casino, Party Poker, and Borgata Casino. 

MGM Resorts operates 32 worldwide hotel and gambling sites, and the company is presently looking to grow into the Asian continent by developing an integrated resort in Japan, according to a press release. A larger influence on the lives of its workers and visitors is a priority for the organization, which is also dedicated to a more sustainable future.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.